The capabilities of 5G’s multi-access edge computing (MEC) processing, network slicing, quicker transmission speeds, increased bandwidth, lower latency, and reduced latency provide virtually endless applications that could alter the way we work, live, and think. However, the 5G network’s vast connection also exponentially raises the complexity of partner ecosystems, network management, and service delivery.
The transition from 4G to 5G is a very drawn-out and complicated process with thousands of moving pieces, so communications service providers (CSPs) cannot just flick a switch to upgrade their networks. The demand for high-performance networks required for 5G services further exacerbates the issue of networks becoming more complex.
Customers in both the B2C and B2B sectors need quick and on-demand services at all times and locations. A CSP must be able to provide network slicing for quick provisioning and scaling to dynamically adjust to changing demand in order to truly meet these objectives.
Automation and network slicing in vertical markets like manufacturing, transportation, and healthcare, which have some of the strictest and most varied requirements for network performance, are currently the 5G use cases and business models with the greatest potential for monetization.